Chile explodes: Expensive climate policies spark mass riots, just like the Yellow Vest protests in France

Santiago metro train, Chile

Another case of out-of-touch politicians trying to impose their costly climate obsessions on the people and meeting strong resistance. Not getting the message yet?

Climate activists and the United Nations are suffering a major black eye this week as protests and riots resulting from high energy prices have erupted in Santiago, Chile, says The Epoch Times (via The GWPF).

Chile, which is hosting a major U.N. climate conference in December, earned praise from climate activists for recently imposing a carbon dioxide tax on conventional energy sources and switching the Santiago Metro system to renewable power.

Now, the people of Chile are rising up and firing a shot across the bow of other nations considering similar energy taxes and expensive renewable energy programs.

On Friday, protesters took to the streets throughout Santiago in response to Metro fare hikes. The protests soon spread to other cities and led to rioting and at least five reported deaths.

The Chilean government and the legacy media blamed the fare hikes on rising oil prices. But that is not true.

In Chile, gasoline prices reflect the lower oil prices. Chilean gasoline prices were $1.12 U.S. per liter in August 2019 (the last month for which data are available), compared to $1.28 a year ago. Five years ago, Chilean gasoline sold at $1.50 U.S.

Santiago Metro fares are rising, despite falling oil and gasoline prices, because government officials in 2018 traded out most of the Metro’s energy sources from conventional power to wind and solar power. The Chilean government also hit the portion of conventional power that remains with new carbon dioxide taxes.

As a result, Chileans are now burdened by higher Metro fares reflecting unnecessary energy price hikes. As Chileans protest in the streets, climate activists and their media allies want people to believe oil is to blame rather than government climate programs that raise energy prices and impoverish people.

Unlike speculative climate change harms that never seem to really happen, carbon dioxide taxes and renewable energy mandates immediately and measurably raise living costs and reduce living standards.

Continued here.

via Tallbloke’s Talkshop

https://ift.tt/32PkTmO

October 26, 2019 at 05:58AM

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